Hello everyone, I am Ahan from the Direction Community. Today I will talk to you about the project zk that was recently launched by Ouyi.
Polyhedra is the world's leading ZK interoperability infrastructure, among which zkBridge has become the largest zk cross-chain bridge in the multi-chain ecosystem. Polyhedra has cooperated with 17 key builders of the Bitcoin ecosystem with the intention of building the world's largest Bitcoin interoperability ecosystem.
In the application scenario where Bitcoin is used as the sending chain, Polyhedra's zkBridge is fully compatible with the Bitcoin network. This means that the updater contract on the receiving chain can directly verify Bitcoin's consensus mechanism and verify transactions on the Bitcoin network through Merkle proofs. This compatibility ensures that zkBridge can cover the PoW consensus proof of the Bitcoin network and the Merkle proof of each transaction.
According to the current K-line, ZK is about to end its accumulation at the bottom, and the next target can be seen at 3.8. Among the new projects that have been launched recently, ZK also has good potential.
That's all for today's sharing. I hope it will be helpful to your investment. See you next time!
